Is North Buckhead, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Buckhead was a Seller's Market.
Housing Prices in North Buckhead, GA
How much do homes in North Buckhead, GA cost?
Median Sold Price
$508,044
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Buckhead was $508,044 in May 2024, down 0.2% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $295K | $300K | +1.7% |
2 Bedrooms | $465K | $488K | +4.9% |
3 Bedrooms | $775K | $497.5K | -35.8% |
4 Bedrooms | $920K | $1.0M | +16.8% |
5+ Bedrooms | $1.5M | $2.1M | +40.0% |
Summary: North Buckhead housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 35.8%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 40%.
Housing Supply in North Buckhead, GA
How many homes are available in North Buckhead, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
147 | 172 | +17.0% |
Summary: The North Buckhead real estate market had 172 homes for sale in May 2024, a 17.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 21 | +31.3% |
2 Bedrooms | 45 | 48 | +6.7% |
3 Bedrooms | 38 | 45 | +18.4% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 30 | 39 | +30.0% |
Summary: The North Buckhead housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 31.3%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in North Buckhead in May 2024, up by 8.7% month-over-month. Of the 24 sold homes, 54% were sold under asking, 4% were sold at asking, and 42% were sold over asking.
Days on Market for North Buckhead, GA
How long does it take to sell a home in North Buckhead, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 18 Days | -64.0% |
Summary: Homes in North Buckhead had an average of 18 days on market in May 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in North Buckhead; 80% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.